Commerce belongs to the branch of business. It is related to the process of trade and any kind of activity happening between two people and parties with the exchange of money.The main role of commerce in business is distribution. Whatever the products are produced. If there is no availability of resources and raw material on time then there is no product ready for sale.Commerce help in the distribution of all required resources by efficiently calculate and analyze the situation so that … [Read more...] about Importance of Commerce
Consumer
Types of Channel of Distribution in Marketing
It is concerned with the system of marketing institution through which goods or series are transferred from the producers to the consumer. A larger number of products do not reach the consumers directly, there is an indirect method of dealing between producer and consumer.A channel of distribution for a product is the route taken by the title to the goods as they move to form the producer to the ultimate consumer or industrial userA channel always comprises both the producer and the … [Read more...] about Types of Channel of Distribution in Marketing